Joby

Stuck in traffic? Don’t Worry this Company Will Take You to Your Destination

| < 1 minute read

NASA kicked off test flights of electric vertical take-off and landing (eVTOL) aircraft — colloquially referred to as “flying cars” — with Joby Aviation, the Northern California company that recently went public. The test flights are part of a national campaign by NASA to observe these experimental aircraft in action and gather data.

Joby, founded in 2009, is the first eVTOL company to participate in NASA’s Advanced Air Mobility (AAM) National Campaign. The agency said that the test flights commenced Monday, August 30th, at the company’s airfield in Big Sur, California, and will run through September 10th.

About Joby Aviation

Joby Aviation is an aerospace company developing testing an all-electric aircraft. The new generation of electric personal aircraft was created to revolutionize personal mobility. It specializes in airframe design and fabrication, aerodynamic analysis, electric motor development, and battery pack design.

Analysis

The global air taxi market size is expected to be $817.50 million by 2021 and is projected to reach $6.63 billion by 2030, registering a CAGR of 26.2% from 2021 to 2030.

Key Market Players

Airbus S.A.S., Beechcraft Corporation (a subsidiary of Textron Aviation), Boeing, Dassault Systèmes, Embraer, EHANG, Hyundai, Lilium, Volocopter GmbH, and Uber.

Average cost

If we talk about pricing, the first 57 minutes will cost you around $1,450.

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